Telefonica Deutschland lifts 2021 guidance, shares rise

Telefonica Deutschland Holding AG

03/11/2021 07:42

** Shares in Telefonica Deutschland  O2Dn.DE  are up 2.1% in
early Frankfurt trade after the German telecommunications firm
raised its full-year outlook 
    ** The company firmed its 2021 core profit target thanks to
growth in new customer contracts for its core brand O2
 urn:newsml:reuters.com:*:nL8N2RU16E
    ** Q3 revenues rose around 5%, above the average
expectations by analysts in a Refinitiv poll
    ** "Looks solid overall including overdue guidance hike,"
Credit Suisse says on the results

 (Reporting by Bartosz Dabrowski in Gdansk)
 ((bartosz.dabrowski@thomsonreuters.com; +48 587720995;))